What Is the Best Technical Analysis School in Trading
What is the best technical analysis school that will help me make real money?
Time-based analysis? Astrological analysis? Supply and demand? ICT? Or SMC?
The chart is the best school that can make you profit from the market.⭐️
💡 The best trading school? The chart school.
What does this chart school mean?
Is it like the classic school, the time-based one, SMC, ICT, the wave approach, and so on, or what?
📌 Look my friend.. follow along
All these schools are only helping factors to make it easier for you to know how candles form on the chart, how to understand past chart movement, and based on that, anticipate future price movement.🔍
How? 🤨🤨
You can anticipate a future price move through the SMC school for example, or the wave approach 📈
Meaning, when you have a clear setup or complete conditions for your strategy, but one time you’ll find yourself saying:
Okay, why, boss? Even though the strategy conditions are complete?
The answer, simply, is....
You gained chart experience 🧠
You learned that not every time your strategy conditions will work, whether your strategy is based on SMC, ICT, wave analysis, or classic methods.
Okay.. will simply learning trading schools make you a professional? 🤔
Follow...
📅 If you learned all trading schools in a month or two...
📉 You’ll still lose 😁🙂
No matter how skilled you are and how well you master these schools.
Even though you learned all the traadiiiing schools in two months.. meaning you’re very good,
but yes, you’ll lose.
Why? 🤷♂️ ...
Because trading doesn’t depend only on knowledge.. but on experience with the chart 📊.
It’s important to understand the school you work with, but more important to understand the chart itself.
A trading school is nothing but a helping factor so you can understand the chart.
✅ Okay Bebo, a question 🥲
Ask, sir
I explained the difference between the schools
and you will know which school is best for you..
The classic school might be the best for me, but for you the wave school might be the most suitable.📚✔️
One Final Piece of Advice:
1️⃣- Master the school you will learn 💪.
2️⃣- Do a lot, lot, lot of backtesting 🎯. Backtesting is what will teach you the chart school and will make you choose entry and exit zones precisely.
3️⃣- Risk management is a given 💰.
4️⃣- The psychology of each forex pair, currency, or stock differs.
Meaning, you may find for example a crypto coin that respects liquidity more than market structure,
and another coin that respects market structure more than liquidity, and so on.